3 Stocks Pushing The Services Sector Downward

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 7 points (0.0%) at 17,032 as of Friday, Aug. 22, 2014, 12:55 PM ET. The NYSE advances/declines ratio sits at 1,152 issues advancing vs. 1,771 declining with 181 unchanged.

The Services sector currently sits up 0.3% versus the S&P 500, which is unchanged. On the negative front, top decliners within the sector include LATAM Airlines Group ( LFL), down 1.8%, Western Union ( WU), down 1.5%, Companhia Brasileira De Distribuicao ( CBD), down 1.4%, Verisk Analytics ( VRSK), down 1.1% and Ctrip.com International ( CTRP), down 1.1%. Top gainers within the sector include Fresh Market ( TFM), up 7.3%, Ross Stores ( ROST), up 6.8%, GameStop ( GME), up 5.7%, Foot Locker ( FL), up 3.1% and Tim Hortons ( THI), up 2.9%.

TheStreet would like to highlight 3 stocks pushing the sector lower today:

3. McKesson ( MCK) is one of the companies pushing the Services sector lower today. As of noon trading, McKesson is down $1.03 (-0.5%) to $192.42 on light volume. Thus far, 333,308 shares of McKesson exchanged hands as compared to its average daily volume of 1.1 million shares. The stock has ranged in price between $191.63-$193.94 after having opened the day at $193.56 as compared to the previous trading day's close of $193.45.

McKesson Corporation delivers pharmaceuticals, medical supplies, and health care information technologies to the healthcare industry in the United States and internationally. The company operates in two segments, McKesson Distribution Solutions and McKesson Technology Solutions. McKesson has a market cap of $44.8 billion and is part of the wholesale industry. Shares are up 19.9% year-to-date as of the close of trading on Thursday. Currently there are 11 analysts that rate McKesson a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates McKesson as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full McKesson Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

2. As of noon trading, FedEx ( FDX) is down $0.87 (-0.6%) to $149.68 on light volume. Thus far, 395,296 shares of FedEx exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $149.04-$150.73 after having opened the day at $150.73 as compared to the previous trading day's close of $150.55.

FedEx Corporation provides transportation, e-commerce, and business services in the United States and internationally. FedEx has a market cap of $42.8 billion and is part of the transportation industry. Shares are up 4.7% year-to-date as of the close of trading on Thursday. Currently there are 10 analysts that rate FedEx a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates FedEx as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full FedEx Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

1. As of noon trading, Wynn Resorts ( WYNN) is down $1.31 (-0.7%) to $199.20 on average volume. Thus far, 592,944 shares of Wynn Resorts exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $198.35-$200.18 after having opened the day at $198.53 as compared to the previous trading day's close of $200.51.

Wynn Resorts, Limited, together with its subsidiaries, develops, owns, and operates destination casino resorts. It operates in two segments, Macau Operations and Las Vegas Operations. The company operates Wynn Macau and Encore at Wynn Macau resort located in the People's Republic of China. Wynn Resorts has a market cap of $20.5 billion and is part of the leisure industry. Shares are up 3.2% year-to-date as of the close of trading on Thursday. Currently there are 11 analysts that rate Wynn Resorts a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates Wynn Resorts as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity, revenue growth, solid stock price performance, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Wynn Resorts Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

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